There is a lot of misinformation about the Paris agreement, including the idea that it will hurt the U.S. economy. It was a series of unsubstantiated assertions that Trump repeated in his rose garden speech in 2017, arguing that the deal would cost the U.S. economy $3 trillion in jobs by 2040 and $2.7 million by 2025, making us less competitive with China and India. But, as the auditors pointed out, these statistics come from a March 2017 unmasked study that exaggerated the future cost of reducing emissions, underestimated advances in energy efficiency and clean energy technologies, and was completely unaware of the enormous health and economic costs of climate change itself. Nations concluded the Paris climate agreement in 2015. Credit: Chesnot/Getty So far, only two other countries have yet to sign the Paris Agreement: Syria and Nicaragua. Syria, which is still in a destructive civil war, has found that it is unable to sign such agreements because of the relentless sanctions of Western countries. However, the Nicaraguan government refused to register for various reasons. Nicaragua believes that the Paris agreement does not go far enough to reduce emissions and argues that rich countries such as the United States should have been forced to make deeper commitments. All remaining parties to the agreement must present their new 2030 targets before the next major UN climate meeting, to be held in Glasgow, UK, in November 2021 (this year`s climate summit has been postponed due to the pandemic).
To date, only 14 revised objectives have been proposed or presented. The same nations that are asking us to maintain the agreement are the countries that have cost the United States billions of dollars through hard trade practices and, in many cases, lax contributions to our critical military alliance. You see what`s going on. It`s pretty obvious to those who want to keep an open mind. These rules of transparency and accountability are similar to those set out in other international agreements. Although the system does not include financial sanctions, the requirements are intended to easily monitor the progress of individual nations and promote a sense of overall group pressure, discouraging any towing of feet among countries that might consider it. „Green energy is not yet a substitute for fossil fuels – it`s just expanding it,“ says Timothy Lenton, a climatologist at the University of Exeter in the UK. Whoever wins the U.S. presidential election, the United States officially withdraws from the Paris climate agreement on November 4.
This measure is a blow to international efforts to stop global warming. WASHINGTON – Goodbye, Paris Agreement. Since Wednesday, the United States has officially withdrawn from the global climate agreement, in accordance with United Nations rules. Here`s a look at how it happened, what it means and what might happen next. In April 2017, a group of 20 MPs from the Right-wing Alternative for Germany, the UK Independence Party and other parties sent a letter to Trump asking him to withdraw from the Paris agreement.  On May 25, 2017, 22 Republican senators, including Senate Majority Leader Mitch McConnell, sent a two-page letter to Trump asking him to withdraw the United States.